3M Company (MMM) price prediction for 2022
Predicted price range for 3M Company Our trading algorithm values 3M Company (MMM) to be strongly undervalued. ###PLOTLYGRAPH### The red lines in this …
Read ArticlePredicted price range for S&P Global Inc
Our trading algorithm values S&P Global Inc (SPGI) to be fairly valued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | fairly valued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $286.62 |
| 60 Day Prediction | $277.9 |
| 60 Day Pred - Lower Bound | $259.29 |
| 60 Day Pred - Upper Bound | $296.54 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -0.315 * nr_days_in_the_future + 287.350
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
SPGI traded at $286.62 this Monday October 17th, loosing $-8.1 or -2.83 percent since last week.
Looking back, over the last month, SPGI has been loosing $-52.73 or -18.4 percent.
Over the last year, it has been loosing $-153.94 or -53.71 percent.
Seasonality of S&P Global Inc
Using our AI model, we have been analyzing the value change for S&P Global Inc depending on the day or month of a year. This can be seen in the following graph:
